Empower Advisory Group LLC Trims Stake in Vanguard Financials ETF (NYSEARCA:VFH)

Empower Advisory Group LLC lessened its holdings in Vanguard Financials ETF (NYSEARCA:VFH) by 11.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,829 shares of the company’s stock after selling 482 shares during the period. Empower Advisory Group LLC’s holdings in Vanguard Financials ETF were worth $421,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of VFH. Cetera Investment Advisers lifted its position in Vanguard Financials ETF by 702.9% in the first quarter. Cetera Investment Advisers now owns 390,808 shares of the company’s stock valued at $40,015,000 after buying an additional 342,131 shares during the last quarter. Sanctuary Advisors LLC acquired a new position in shares of Vanguard Financials ETF in the 2nd quarter worth approximately $10,902,000. Bordeaux Wealth Advisors LLC purchased a new position in shares of Vanguard Financials ETF during the 2nd quarter worth approximately $10,745,000. Cetera Advisor Networks LLC increased its holdings in Vanguard Financials ETF by 67.8% in the 1st quarter. Cetera Advisor Networks LLC now owns 237,457 shares of the company’s stock valued at $24,313,000 after purchasing an additional 95,980 shares during the last quarter. Finally, Cetera Advisors LLC raised its position in Vanguard Financials ETF by 821.7% in the first quarter. Cetera Advisors LLC now owns 101,777 shares of the company’s stock valued at $10,421,000 after purchasing an additional 90,735 shares during the period.

Vanguard Financials ETF Stock Down 0.3 %

VFH opened at $121.66 on Friday. Vanguard Financials ETF has a 52 week low of $83.70 and a 52 week high of $123.31. The business has a fifty day simple moving average of $112.58 and a 200-day simple moving average of $106.09. The firm has a market cap of $11.21 billion, a P/E ratio of 14.43 and a beta of 0.96.

About Vanguard Financials ETF

Vanguard Financials ETF (the Fund) is an exchange-traded share class of Vanguard Financials Index Fund. The Fund employs a passive management or indexing investment approach designed to track the performance of the Morgan Stanley Capital International (MSCI) US Investable Market Financials Index, an index of stocks of large, medium and small United States companies in the financials sector, as classified under the Global Industry Classification Standard (GICS).